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Asda sales rise on strong Christmas

The retailer credits low prices for rising sales during the final three months of last year.

Source: BBC News - Business | 21 Feb 2018 | 1:20 am(NZT)

KFC shuts more stores in chicken chaos

Hundreds of the chicken chain's UK outlets remain shut following "issues" with new delivery firm DHL.

Source: BBC News - Business | 21 Feb 2018 | 1:14 am(NZT)

Home Depot's profit and sales tops expectations on higher traffic

(Reuters) - Home Depot Inc's quarterly profit beat market estimates for the sixth straight quarter as the No.1 U.S. home improvement chain drew in more shoppers who spent more on average amid an improving housing market.

Source: Reuters: Business News | 21 Feb 2018 | 12:55 am(NZT)

Qualcomm raises offer for NXP to $127.50/share

(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp.

Source: Reuters: Business News | 21 Feb 2018 | 12:50 am(NZT)

Walmart holiday quarter profit falls, comparable sales beat estimates

NEW YORK (Reuters) - U.S. retailer Walmart Inc on Tuesday reported a lower-than-expected quarterly profit even as comparable sales in the U.S. market rose for the 14th consecutive quarter.

Source: Reuters: Business News | 21 Feb 2018 | 12:46 am(NZT)



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Airbus says to keep focusing on existing A350 jets

TOULOUSE, France (Reuters) - Airbus will continue to focus on the development of its existing twin-engined A350 jets, an executive from the European planemaker said on Tuesday.

Source: Reuters: Business News | 21 Feb 2018 | 12:43 am(NZT)

The brand Olympics: getting attention without getting in trouble

PYEONGCHANG, South Korea (Reuters) - In packing for the Winter Olympics, Canadian entrepreneur Domenico Ciarallo stuffed his bags with hats and t-shirts bearing the logo of his company, which makes locker-room dryers.

Source: Reuters: Business News | 21 Feb 2018 | 12:40 am(NZT)

Murdoch's Fox seeks to win bid approval by extending Sky News guarantee

LONDON (Reuters) - Rupert Murdoch's Twenty-First Century Fox has strengthened its offer to protect the independence of Sky's loss-making news channel to try to overcome regulatory concerns about Fox's takeover of the parent company.

Source: Reuters: Business News | 21 Feb 2018 | 12:14 am(NZT)

Albertsons will buy chunk of Rite Aid that isn't going to Walgreens: WSJ

(Reuters) - U.S. grocery chain operator Albertsons Companies Inc plans to buy the part of Rite Aid Corp that is not being bought by Walgreens Boots Alliance Inc , the Wall Street Journal reported on Tuesday.

Source: Reuters: Business News | 21 Feb 2018 | 12:05 am(NZT)

HSBC profits jump to $17.2bn on Asia growth

While well-known on the UK High Street, the banking giant makes most of its money outside of Britain.

Source: BBC News - Business | 20 Feb 2018 | 10:43 pm(NZT)



Carillion: Regulator was warned over pensions deficit

The Pensions Regulators was alerted in 2010 and 2013 over the size of Carillion's pensions deficit.

Source: BBC News - Business | 20 Feb 2018 | 10:18 pm(NZT)

Exposed Amazon cloud storage clients get tip-off alerts

US firm's clients told to update their settings and lock down data before it is stolen.

Source: BBC News - Business | 20 Feb 2018 | 10:09 pm(NZT)

William Hill fined £6.2m by Gambling Commission for lax controls

The Gambling Commission says 10 customers were able to deposit money linked to criminal offences.

Source: BBC News - Business | 20 Feb 2018 | 9:58 pm(NZT)

Australian tax staff told to report 'long lunch' colleagues

The Australian Taxation Office orders workers to monitor others for inefficient behaviour.

Source: BBC News - Business | 20 Feb 2018 | 7:24 pm(NZT)

A Director’s Apology Adds Momentum to South Korea’s #MeToo Movement

“I am ready to take all punishment, including legal responsibilities for my crimes,” said Lee Youn-taek, a theater director accused of sexual harassment.

Source: NYT > Business Day | 20 Feb 2018 | 6:57 pm(NZT)

DealBook: How Banks Could Control Gun Sales if Washington Won’t

As Corporate America espouses “social responsibility,” the financial industry could help limit sales of assault weapons, our columnist writes.

Source: NYT > Business Day | 20 Feb 2018 | 2:39 pm(NZT)

After Florida School Shooting, Russian ‘Bot’ Army Pounced

Twitter accounts suspected of having links to Russia were focused on Robert Mueller. But after news broke about the shooting, they quickly changed their focus.

Source: NYT > Business Day | 20 Feb 2018 | 2:10 pm(NZT)

Fox News Plans a Streaming Service for ‘Superfans’

Fox Nation will focus primarily on right-leaning commentary and charge viewers a subscription fee.

Source: NYT > Business Day | 20 Feb 2018 | 2:00 pm(NZT)



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David Poindexter, 89, Who Used Media to Preach Family Planning, Dies

A Methodist minister, he saw TV and radio programming — soap operas, in particular — as effective tools to teach the world about population control.

Source: NYT > Business Day | 20 Feb 2018 | 1:28 pm(NZT)

Tax Overhaul Gains Public Support, Buoying Republicans

The upturn follows an aggressive advertising campaign by the party and coincides with an eroding Democratic lead in polls gauging midterm election prospects.

Source: NYT > Business Day | 20 Feb 2018 | 11:28 am(NZT)

Why A.I. Researchers at Google Got Desks Next to the Boss

At Google, Facebook and other tech companies, executives are making statements about priorities with their seating charts.

Source: NYT > Business Day | 20 Feb 2018 | 11:10 am(NZT)















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